# Fourth Partner Energy Signs ₹2,000 Crore MoU for Three Andhra Pradesh Projects

> Fourth Partner Energy signed a ₹2,000 crore MoU with Andhra Pradesh for two solar projects and a wind-solar hybrid, adding to its 2 GW installed base.

- Published: 2026-11-13T17:57:23+00:00
- Section: Partnerships
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-13/fourth-partner-energy-andhra-pradesh-mou
- Source: [The Times of India](https://energy.economictimes.indiatimes.com/news/renewable/fourth-partner-energy-signs-2000-crore-mou-with-andhra-pradesh-for-3-renewable-energy-projects/135812065)

## Key takeaways

- Fourth Partner Energy signed a ₹2,000 crore MoU with the Andhra Pradesh government for three renewable projects.
- The projects are two solar plants of 120 MWp and 117 MWp and a hybrid of 60 MW wind and 60 MWp solar.
- Fourth Partner Energy had 2 GW of installed solar and wind capacity as of September 2026 and targets 9 GW by 2031.

Fourth Partner Energy has signed a memorandum of understanding with the Andhra Pradesh government to invest about ₹2,000 crore in three renewable energy projects in the state. [The Times of India](https://energy.economictimes.indiatimes.com/news/renewable/fourth-partner-energy-signs-2000-crore-mou-with-andhra-pradesh-for-3-renewable-energy-projects/135812065) reported the agreement on November 13, 2026.

## What the Andhra Pradesh MoU Covers

The agreement sets out two solar power projects, with capacities of 120 MWp and 117 MWp, and a hybrid project combining 60 MW of wind and 60 MWp of solar. The investment is intended to expand Fourth Partner Energy's renewable portfolio in Andhra Pradesh, where the company already runs solar projects for commercial and industrial customers.

As of September 2026, Fourth Partner Energy had 2 GW of installed solar and wind capacity, with another 3 GW under active development across India. The company said it aims to expand its renewable energy portfolio to 9 GW by 2031 through faster project execution and growth in its commercial and industrial customer base.

At the summit where the agreement was announced, Chief Minister Chandrababu Naidu named critical minerals, solar wafer manufacturing, solar power generation and battery storage among the state's priority sectors. He also listed steel, defence, space, semiconductor manufacturing and data centres. Fourth Partner Energy highlighted the need for regulatory clarity on battery energy storage systems and for government orders tied to older wind energy projects. The company has not specified locations or commissioning timelines for the three projects.

## Fourth Partner Energy's Recent Project Deals

In October 2026, Fourth Partner Energy executed a 75 MWp open-access solar park in Bodwad, Maharashtra, for commercial and industrial clients, Construction World reported. The project received all no-objection certificates and approvals, and the state's electricity regulator now allows monthly DPR submissions for renewable evacuation projects until April 2028.

Also in October 2026, Fourth Partner Energy raised ₹750 crore from Tata Capital Cleantech Finance for a hybrid renewable facility in Maharashtra, Whalesbook reported. The facility combines 300 MWp of solar, 50 MW of wind and 750 MWh of battery storage for data centres.

In September 2026, the company signed a contract with Evolta Energy to develop a 50 MW solar project in Tamil Nadu, Construction World reported. The deal assigns Evolta Energy land acquisition, permitting and AC infrastructure, while Fourth Partner Energy handles development and execution.

## Where the Three Projects Stand

Fourth Partner Energy has not specified the locations or commissioning timelines for the three Andhra Pradesh projects. The company's stated goal is a 9 GW portfolio by 2031, against 2 GW installed and 3 GW under active development as of September 2026.

## Companies in this story

- Fourth Partner Energy · website: http://fourthpartner.co

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